Senate debates

Wednesday, 4 December 2019

Matters of Public Importance

Monetary Policy

4:36 pm

Photo of David FawcettDavid Fawcett (SA, Liberal Party) Share this | Hansard source

A letter has been received from Senator Hanson:

Pursuant to standing order 75, I propose that the following matter of public importance be submitted to the Senate for discussion:

In light of the comments by The Governor of the Reserve Bank that, under certain circumstances, all options for unconventional monetary policy should be on the table, the need for the Senate to reassure everyday Australians that this will not include negative interest rates or bank bail-ins.

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

I understand that informal arrangements have been made to allocate specific times to each of the speakers in today’s debate. With the concurrence of the Senate, I shall ask the clerks to set the clock accordingly.

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